Knights Of Columbus Long Term
Care Insurance Company Review
The Knights of Columbus long term care insurance company was founded by Father Michael J McGivney who was a pastor at St. Mary’s Church in New Haven. The Knights of Columbus was originally a fraternal benefits society founded in 1882 and called The Order. The Order still rings true today and the founding principles of charity, fraternity and unity are still the principles that guide this long term care insurance company even today. Evaluating the company’s priorities, finances and offering will all be essential to make a determination of whether or not this is the best provider for your long term care needs.
What Types Of Insurance Does
Knights Of Columbus Offer?
Knights of Columbus offers several different kinds of insurance. With Knights of Columbus you can get your life insurance, long term care insurance, and medical insurances conveniently in one place. There will be no more trying to remember who you have what insurances with, making life just a little bit simpler. It’s also good to know that bundling all your insurance needs with one provider often results in lower premiums.
What Is Long Term Care And
Why Do I Need Insurance For It?
Long term care is the care you receive when you are unable to care for yourself. This is usually the result of a chronic illness, injury or disabling factor. The care you might receive could be as for everyday things such as bathing, dressing, eating, cleaning and cooking. Or it could be for on-going medical treatment and devices in addition to daily activities care.
The reason you need insurance to cover this is that, contrary to popular belief, Medicare and other health insurances offer little or no long term care coverage. Medicare will only fully cover your medical expenses for 20 days and then partially cover them for the following 80 days; leaving you or your family to figure out where the money will come from to pay for it.
The cost of long term care is on the rise and even in today’s world the cost of care per month can be about $4,500 or even more. By the time a person who is 30 years old today needs long term care the cost of it could be through the roof. With long term care insurance you won’t have to worry about being a burden on your family’s financial stability.
What Can The Knights Of Columbus
Insurance Company Offer Me?
By purchasing your long term care insurance through Knights of Columbus you will not only have insurance but will be a part of the growing community of The Order. The Order of The Knights of Columbus can offer you many other things too. Here are some of those benefits which may be appropriate and useful:
Columbia Magazine – This is a free magazine subscription that will arrive monthly examining any issues and concerns to the Knights, Catholics and their families.
Family Fraternal Benefits- According to their website members have access to coverage involving the untimely death of infants and ongoing coverage and any family members up to 18. For couples of child bearing age, these are priceless.
Orphan Benefits – The orphaned child will receive $80 monthly allotment for orphans of eligible families; up to $7,000 in college scholarships available.
Member/Spouse Fraternal Benefits – Knights of Columbus offers accidental death coverage for member and spouse at no cost.
Widow Benefits – Widows are granted numerous benefits which include ongoing coverage, a lifetime subscription to Columbia and scholarship and loan eligibility for the children.
Scholarships – Scholarship programs for higher education available to members, their spouses and children.
These benefits are just the tip of the iceberg. As opposed to typical insurers the Knights of Columbus long term care insurance company offers its member coverage within a network bonded by a long history of belief and integrity.
Compare Multiple Long Term
Care Insurance Companies
Use our free quote finder at the top of the page to compare quotes from top long term care insurance companies side by side. Get started comparing long term care insurance options now!
